Jabil Inc (JBL)
Information Technology · Electronic Manufacturing Services · US stock · S&P 500 component
$267.41
▼ -13.58 (4.83%)
Fair valueFair
$265 −0.9% to fair value
$133fair band $226–$321$398
Day's range
$259.44 – $273.75
52-week range
$189.60 – $428.93
About Jabil Inc
Jabil is an electronics manufacturing and design company that builds products on behalf of other firms. It provides engineering, supply chain management and production for customers in cloud and data centre equipment, networking, healthcare, automotive, consumer electronics and industrial markets. Its customers are technology and industrial brands that outsource production and rely on Jabil's global factory network.
Jabil earns revenue from manufacturing and assembling products, together with design, engineering and supply chain services. The last twelve months brought $33.6 billion, though revenue growth over the last three years was -3.8% a year, a decline. The operating margin is 4.3%, while the business earns a profit of 32% on the capital invested in it. It carries net debt of 0.9 times EBITDA. The company pays a dividend with a yield of 0.1%. On the site's X-Ray Score it receives 43 out of 100.
Price chart
52-wk range $189.60 – $428.93Volume 1,533,333Daily, split-adjusted
Vitals
Market cap$28.5B
52-week range$189.60 – $428.93
Volume (last day)1,533,333
P/E (TTM)33.6
EBIT / EV yield4.7%
Free-cash-flow yield4.6%
Dividend yield0.1%
Revenue (TTM)$33.6B
Net income (TTM)$862M
Operating margin4.3%
Return on capital31.8%
Debt incl. leases$3.4B
Cash & securities$1.4B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$265middle half of models $202 – $289
Fair
−0.9% to fair value
Average of the 13 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is High, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $267
Undervalued < $226Fair $226 – $321Overvalued > $321
P/E multiple
$242
P/B multiple
$152
P/S multiple
$453
EV/EBITDA multiple
$263
EV/EBIT multiple
$202
EV/revenue multiple
$414
10-year DCF, EBITDA exit
$268
5-year DCF, EBITDA exit
$266
10-year DCF, revenue exit
$289
5-year DCF, revenue exit
$294
10-year DCF, growth exit
$197
5-year DCF, growth exit
$181
Dividend discount, stable · not used
$12
Dividend discount, multi-stage · not used
$25
Earnings power value
$225
Growth the price implies
15.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Fair
66/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.7%
Free-cash-flow yield4.6%
Fair value vs price1.0×
Growth
Weak
28/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-3.8%
EPS growth (3y)-5.0%
Growth consistency50%
Profitability
Weak
45/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital31.8%
Operating margin4.3%
Gross profitability13.0%
Financial health
Weak
36/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA0.9×
Interest coverNo interest cost
Dividends
Weak
28/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield0.1%
Dividends vs free cash flow3%
Dividend growth-9.1%
Quarterly results: last 6 quarters
-0.6%
Feb '25
+15.7%
May '25
+18.5%
Aug '25
+18.7%
Nov '25
+23.1%
Feb '26
+11.8%
May '26
Revenue against the same quarter a year earlier. Latest quarter revenue $8.8B, diluted EPS $2.59.
Compare with peers
TEL TE Connectivity plc54 FLEX Flex Ltd.41Other Electronic Manufacturing Services companies by X-Ray Score.
SWOT analysis: Jabil Inc
Strengthsinside the company
- Return on invested capital is 31.8%, against a median of 19.2% for sector peers.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- Operating margin of 4.3% is thin against 21.7% for sector peers.
- Revenue has fallen 3.8% a year over three years while sector peers grew 9.8%.
- Altman Z-score of 1.3 is in the zone linked with financial distress in past studies.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Information Technology as favourable.
Threatsvaluation and setting
- Valuation uncertainty is high: the models give widely different values, so the fair value range is wide.
- The price trend is down on the daily and weekly signals.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare JBL with peers and sector
Medians of 74 Information Technology peers and of 74 Information Technology stocks in our universe.
Largest peers (X-Ray Score): NVDA 67, AAPL 53, MSFT 61, AVGO 60, MU 79, AMD 48.
| Metric | JBL | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 43 | 50 | 50 |
| Valuation | 66 | 50 | 50 |
| Growth | 28 | 54 | 54 |
| Profitability | 45 | 50 | 50 |
| Financial health | 36 | 50 | 50 |
| Dividends | 28 | 51 | 51 |
Sector leaders: highest X-Ray Score in Information Technology
JBL ranks #52 of 75 in Information Technology by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for JBL
Each factor is rated by where JBL stands among the 75 Information Technology stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 9 Good · 3 Average · 10 Bad of 22
Growth: 0 · 0 · 3
Profitability: 2 · 0 · 3
Financial strength: 1 · 1 · 2
Valuation: 3 · 1 · 1
Cash flow: 2 · 1 · 1
Efficiency: 1 · 0 · 0
| Factor | JBL | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | −3.8% | Bad beats 9% | +9.7% | – | – |
| Revenue growth, last year | +3.2% | Bad beats 7% | +13.7% | +3.7% | ≈ In line |
| EPS growth, 3 years a year | −5.0% | Bad beats 25% | +5.9% | – | – |
| Profitability | |||||
| Gross margin | 9.2% | Bad beats 1% | 57.8% | 8.3% | ≈ In line |
| Operating margin | 4.3% | Bad beats 5% | 20.3% | 4.2% | ≈ In line |
| Net margin | 2.6% | Bad beats 6% | 17.8% | 2.4% | ≈ In line |
| Return on invested capital | 31.8% | Good beats 72% | 19.4% | – | – |
| Return on equity | 65.2% | Good beats 85% | 21.0% | 40.6% | ▲ Better |
| Financial strength | |||||
| Net debt / EBITDA | 0.9x | Average beats 44% | 0.8x | 0.5x | ▼ Worse |
| Interest cover | 50.0x | Good beats 75% | 23.0x | – | – |
| Current ratio | 0.98 | Bad beats 23% | 1.57 | 1.02 | ≈ In line |
| Piotroski F-score | 5 / 9 | Bad beats 21% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 33.0x | Average beats 51% | 33.6x | 13.5x | ▼ Worse |
| Price / book | 21.5x | Bad beats 19% | 8.3x | 5.4x | ▼ Worse |
| Price / sales | 0.8x | Good beats 97% | 6.9x | 0.4x | ▼ Worse |
| EV / EBITDA | 14.3x | Good beats 80% | 24.7x | 5.5x | ▼ Worse |
| Free cash flow yield | 4.6% | Good beats 67% | 3.4% | 4.5% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 3.9% | Bad beats 9% | 22.3% | 2.0% | ▲ Better |
| Cash from operations / net income | 2.15 | Good beats 80% | 1.39 | 2.06 | ≈ In line |
| Free cash flow growth, 3 years a year | +63.9% | Good beats 89% | +15.4% | – | – |
| Accruals (lower is better) | −4.2% | Average beats 46% | −4.4% | – | – |
| Efficiency | |||||
| Inventory turnover | 5.1x | Good beats 75% | 3.9x | 6.1x | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 4 Good · ● 4 Average · ● 8 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Good
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 43/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $29.3B | $33.5B | $34.7B | $28.9B | $29.8B |
| Operating income | $1.1B | $1.4B | $1.5B | $2.0B | $1.2B |
| Net income | $696M | $996M | $818M | $1.4B | $657M |
| Operating cash flow | $1.4B | $1.7B | $1.7B | $1.7B | $1.6B |
| Operating margin | 3.6% | 4.2% | 4.4% | 7.0% | 4.0% |
| Free cash flow | $274M | $266M | $704M | $932M | $1.2B |
| Diluted EPS | $4.58 | $6.90 | $6.02 | $11.17 | $5.92 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 290.3 | Bearish |
| EMA 10 | 285.6 | Bearish |
| SMA 20 | 297.9 | Bearish |
| EMA 20 | 293.4 | Bearish |
| SMA 50 | 307.5 | Bearish |
| EMA 50 | 305.2 | Bearish |
| SMA 100 | 326.0 | Bearish |
| EMA 100 | 311.2 | Bearish |
| SMA 200 | 306.2 | Bearish |
| EMA 200 | 298.1 | Bearish |
Oscillators (daily)
| RSI (14) | 35.00 | Neutral |
| MACD (12, 26) | -8.76 | Bearish |
| Momentum (12) | -13.51 | Bearish |
| Stochastic %K (14) | 13.25 | Bullish |
| Williams %R (14) | -86.75 | Bullish |
| CCI (20) | -176.6 | Bullish |
Pivot points (classic, last session)
S3 245.7 | S2 252.6 | S1 260.0 | Pivot 266.9 | R1 274.3 | R2 281.2 | R3 288.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.32 USD
Yield on today's price
0.12%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 | |
| 0.0800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold JBL
| ETF | Share of the fund |
|---|---|
| RSPT Invesco S&P 500 Equal Weight Technolog... | 1.22% |
| IWP iShares Russell Mid-Cap Growth | 1.10% |
| SPHB Invesco S&P 500 High Beta | 0.90% |
| VBR Vanguard Small-Cap Value | 0.87% |
| SMLF iShares MSCI USA Small-Cap Multifactor | 0.75% |
| GARP iShares MSCI USA Quality GARP | 0.57% |
| GUSE Goldman Sachs Enhanced U.S. Equity | 0.51% |
| VB Vanguard Small-Cap | 0.49% |
The eight funds with the largest weight in JBL among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
JBL stock splits
JBL has split its stock 3 times since 1997. The latest was a 2-for-1 split on 31 Mar 2000.
Full JBL stock split history →JBL SEC filings
8-KSEC EDGAR
Results of operations
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Other events
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Shareholder vote results
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.